Average Ratings 4 Ratings
Average Ratings 0 Ratings
Description
Penny is a cloud-based Procure-To-Pay system. Beautifully designed and easy to use, penny digitalizes and manages your entire procurement cycle, from request to pay. Send RFQs, RFPs, and RFIs to multiple vendors, compare quotes, send POs, and even payment. penny was created to make a complicated process simple by combining all your organization's procurement requirements into a single intelligent system.
How can penny help your organization save time & money?
● Allocate, manage, and monitor budgets by expense accounts, projects, departments, location, teams, etc.
● Streamline procurement means that requests, approvals, and POs won’t be lost in emails or offline.
● The platform makes it simple to extract and track the history and records of requests and purchases.
● Product requests are more accurate through catalogs, avoiding purchasing errors.
● Reports and analysis can be extracted from the platform, giving you a consolidated data center for all your procurement activities.
● penny is cloud-based and was designed with ease-of-use in mind.
Our Action Board gives your team a user-friendly and simple experience.
Description
An enterprise Source-to-Pay procurement platform built by procurement professionals, combining deep domain expertise with purpose-built technology to transform complex procurement into connected, measurable business outcomes. Designed around the realities of enterprise procurement, the platform spans the full procurement lifecycle from intake, supplier management, strategic sourcing, negotiations, contracting, purchasing, approvals, invoicing, and spend analytics by handling direct, indirect, and services spend across the layered approvals and rules that define enterprise buying.
What sets procurEngine apart is the 25+ years of hands-on procurement experience, it reflects tested procurement logic and real operational patterns rather than generic templates. Digitizing procurement without stripping out the judgment teams rely on. Enterprises can adopt it modularly, starting where the need is greatest and expanding into Source-to-Contract or Procure-to-Pay over time, with ERP connectivity and configurable workflows built in from day one. AI is integrated into sourcing, supplier evaluation, negotiation, and spend visibility and is designed to sharpen procurement judgment, not replace it.
With 12+ years in service and trusted by 65+ enterprises, procurEngine serves organizations across manufacturing, EPC and infrastructure, healthcare, BFSI, retail and consumer goods, energy and other complex procurement environments. AgileApt Solutions, the company behind procurEngine, holds ISO 27001 and ISO 27701 certifications.
procurEngine's proposition is simple: procurement expertise, embedded in technology, to make procurement easier to execute, harder to bypass and more valuable to the business
API Access
Has API
Yes
API Access
Has API
No
Integrations
Fusion Software
Yes
NetSuite
Yes
SAP S/4HANA
Yes
Xero
Yes
Zoho Books
Yes
Integrations
Fusion Software
No
NetSuite
No
SAP S/4HANA
No
Xero
No
Zoho Books
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
Yes
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
Yes
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
Penny Software
Founded
2019
Country
Global
Website
penny.co
Vendor Details
Company Name
AgileApt Solutions
Founded
2014
Country
India
Website
procurengine.ai/
Product Features
Procure to Pay
Billing & Invoicing
Yes
Budgeting / Forecasting
Yes
Compliance Management
Yes
Contract Lifecycle Management
Yes
Financial Reporting
No
Integration Management
Yes
Inventory Management
No
Order Management
Yes
Vendor Management
Yes
Procurement
Asset Management
No
Auction Management
No
Bid Management
Yes
Budget Management
Yes
Catalog Management
Yes
Contract Management
Yes
Inventory Management
No
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Receiving
Yes
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
Purchasing
Catalog Management
Yes
Compliance Management
No
Contract Management
Yes
Inventory Management
No
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
RFP
Bid Management
Yes
Collaboration
Yes
Content Management
No
Data Import / Export
Yes
Due Date Tracking
Yes
Knowledge Library
No
Progress Tracking
Yes
RFP Creation
Yes
RFP Responding
Yes
Requirements Management
Yes
Task Management
No
Templates
Yes
Vendor Management
Yes
Sourcing
Auction Management
No
Budget Management
Yes
Collaboration
Yes
Global Sourcing Management
No
Rfx Management
Yes
Spend Management
Yes
Supplier Management
Yes
Supplier Qualification
Yes
Supplier Risk Management
Yes
Supplier Web Portal
Yes
Template Management
Yes
Spend Management
Approval Workflow
Yes
Budgeting / Forecasting
Yes
Expense Tracking
Yes
Multi-Currency
Yes
Prepaid Cards
Yes
Procurement Management
Yes
Receipt Management
Yes
Spend Analysis
Yes
Spend Control
Yes
Supplier Management
Yes
Product Features
Procurement
Asset Management
No
Auction Management
Yes
Bid Management
No
Budget Management
No
Catalog Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
Yes
PunchOut
No
Purchase Order Management
Yes
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
No
Spend Management
Yes
Supplier Management
Yes